Bolivia's YPFB breaks ground on urea project

11:07 AM MDT | April 25, 2013 | Francinia Protti-Alvarez

Construction has started at Yacimientos Petrolíferos Fiscales Bolivianos's (YPFB; La Paz) previously announced ammonia and urea project in the department of Cochabamba, in central Bolivia. The investment in the 650,000-m.t./year urea plant at the Bulo Bulo complex in Carrasco is estimated at $843.9 million, YPFB says. The plant is expected to be completed by the second quarter of 2015. YPFB also says its estimated investment is approximately $1.7 billion, in an ethylene and polyethylene (PE) production site at Gran Chaco, in department of Tajira...